The Union Cabinet has approved the auction of airwaves capable of offering fifth-generation, or 5G, telecommunications services, including ultra high-speed Internet, and has given its nod for setting up captive 5G networks by large tech firms. the government said 5G Services Will be rolled out soon which will be around 10 times faster than the current offering under 4G. Once fully operational, 5G will help unlock the next level of economic growth for the country. The increasing speed in 5G innovation is based on its ability to serve diverse use cases through performance, edge computing, network slicing and built-in security. Also read- 5G auction to be held on July 26: Here’s what it is about 5G deployment in India?
According to the Ericsson report – 5G for Business: A 2030 Market Compass Study – the estimated value of 5G-enabled digitization revenue for service providers in India will be around USD 17 billion by 2030. 5G will not only enable operators to manage growing data needs of consumers more efficiently but also help open new revenue streams for them. Also Read – Government Approves 5G Spectrum Auction: 5G Internet Will Start In India Soon
“For consumers, 5G will enable a smarter and more connected world. In the early stages of 5G, we will see use cases such as improved mobile broadband (eMBB) and fixed wireless access (FWA). These will help in addressing the issue of low fixed broadband penetration in India and improve the data experience of the consumers. 5G will help communication service providers more effectively meet the growing data needs of consumers, resulting in a better overall consumer experience. According to an Ericsson study, the transition to 5G will result in a cost per gigabyte that is 10 times less than the current 4G. Nitin Bansal, Managing Director, India Head-Networks, Market Area South-East Asia, Oceania & India, Ericsson told BGR.in. Also read- Government of India will launch indigenous 5G technology by August 2022: Devusinh Chouhan
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5G will allow consumers to watch 4K video on their smartphones, use AR/VR, mobile gaming apps and many other immersive activities and new applications. 5G promises benefits that will touch every aspect of the human experience, from security to entertainment and beyond.
“With the advent of 5G, user experience will translate into data download rates up to three times higher spectrum efficiency, and super low latency, and next generation technologies will become ubiquitous. OPPO is prepared and equipped to provide its users a seamless, supercomputing experience with industry participation, research and number of 5G devices.” Taslim Arif, VP and R&D Head, Oppo Indianoted.
There is already a lot of interest among Indian consumers for 5G and they are willing to pay a premium for its capabilities. According to a study by Consumer Lab, at least 40 million smartphone users in India are expected to take 5G in the first year of its availability. In fact, they are even willing to pay 50 percent more for 5G plans that include bundled digital services, compared to just 10 percent more for 5G connectivity.
5G will represent about 39 percent of mobile subscriptions in India by the end of 2027, with an estimated 500 million subscriptions as per the Ericsson Mobility report.
“5G will be a force multiplier for realizing India’s vision as well as its plan to become a USD $1Tn digital economy by 2025. With a strong base of 5G-enabled devices, and upcoming 5G auctions, India is on the way ahead. It has been a 5G-led future.5G is important to give a strong impetus to the initiatives of the Government of India in adopting, operating and leveraging emerging technologies from the perspective of digital connectivity as well as for greater social good. Prabhu Ram, Head – Industry Intelligence Group (IIG), CMR,
The last date for submission of applications is July 8 and the list of applicants will be made public on July 12. The mock auction will be held on July 22 and July 23. The DOT will also hold a pre-bid conference and the venue and date. / The timing of the conference will be intimated separately on the website of DoT.
A total of 72097.85 MHz spectrum with a validity period of 20 years will be auctioned by the end of July, 2022. The auction will be conducted for spectrum in various low (600 MHz, 700 MHz, 800 MHz). 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz) and High (26 GHz) frequency bands.
It is expected that mid and high band spectrum will be used by telecom service providers to roll-out 5G technology-based services capable of delivering speeds and efficiencies comparable to those possible through current 4G services. Will be about 10 times more.
“There are definitely some positives that have emerged from the latest developments on the spectrum auction process. government. The decision to do away with the mandatory requirement of upfront payment, spectrum payment to be made in 20 equal annual installments and the option to surrender spectrum after 10 years are steps in the right direction. This will be beneficial in easing cash flow requirements in view of the stressed financial health of the telecom sector in India. Also, some of these decisions appear to be taken from a longer-term perspective, making it more feasible for operators to prepare for upcoming technologies without the financial burden/liabilities from older technologies. Tarun Pathak, Director of Research, Counterpoint Researchmentioned.
According to a statement by the Ministry of Communications, the 4G ecosystem created in the country is now moving towards 5G indigenous development. The government claims that the 5G test bed setup in eight of India’s top technology institutes is accelerating the launch of domestic 5G technology in India.
Additionally, the launch of PLI (Production-Linked Incentive) schemes for mobile handsets, telecom equipment and the Bharat Semiconductor Mission are expected to help create a strong ecosystem for launches. 5G Services in India,
“For India to become the world’s first digital superpower, 5G will play an important role. Due to the delay in commercial launch, we have been far away from taking advantage of the impact it creates. The participation of non-telecom companies in the 5G ecosystem will drive innovation and use case development for a connected and smarter life. Faisal Kawoosa, chief analyst and market research firm TechARC. founder of concluded.